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200702415 9. Protection of Lenderj~ lnterest in the Property and Rights Under this Security Instrument. If (a) Borrower I'ails to perform the COv~nants and agreements contained in this Set.:urity InsU'lunent, (b) there is a legal proceeains that might significantly affect Lender's lnterl:lst in the Property and/or rights unoer this Secmity lostrurn..:nt (such as a proceeQing in bankruptcy, probate, for condemnation Or forfeiture, for enforcement of a lien which may attain priority Over this Security InstrUmtml or to enforce laws or regulations), or (c) Borrower has abandoned the Property, tht.'n Lender may do and pay for whatever is reasonable or a.ppropriate to protect Lender's interest in the Propeny and rights \omder this Security Instruml:lnt, including protecting and/or assessing the value of the Property, and seCl.lring ana/or repairing the ,Propt:rty. Lender's actions CM include, bu.t are not limited to: (a) paying any sums secUrcrJ by a Hen which has priority over this Security Instru1nf:fit; (b) appearing in court; and (c) paying reasonable anomeys' fees to protect its intere$e in ehe Property arid/or rights under this Security Instrument, including its secured position in a bankruptcy prm:eeding. Securing dle :PropQr~y includes, but is nOl limited to, entering the Property to make repairs, chatJge locks, replace or boatd LIP 4001'5 and windowsl (lrain water from pipes, eliminate building or other coele violations or dangerous conditions, and have utilities turned On or off. Although Lender may take action unQcr this Section 9, Lender doas not have to do so and is not under any duty or obligation to do so, It is agreed that Lender incurs no liability for not taking any or all actions authorized Under this Section 9. Any amounts di~bursed by Lender under ~his Section 9 shall beCOme additional debt of Borrower seCured by this Security lns~rument. These amOUnts shall bear interest at the Note rate from the c).atc of disbursement ;mct shall be payable, with sui;h interest, upon notice from Lender to Borrower requesting paymertt.. S . I - 1 h ld hall . h 11 I . . f' h It thlli ecunty nstrument IS on a ease 0 ,Borrowt!r s comply Wlt a t le prOV1!Hons (l t e lease. If Borrower acquires fee title to [Ill;! Property, the leasehold and the fee title shall not merge unless Ltmder agrees to the merger in writing. 10. Mortgage .Insurancc. If Lender required Mortgage lnsurauce a.s a condition of making the Loan, Borrower shall pay the premiums requlrcd to maintain the Mortgage Insurance in effecr. If, for any reason. the Mortgage Insurance coverage required by Lcncler ceases to be available from the mortgage in~urer that previously provided slich insurance and Borrower was required to make separately design.'Hed payments tow:u-cl the pr~miums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage s'ubstllntially equiv~ellt to ~he Mortgage Insurance previously in effect, at a cost l5ub5tantiaJly equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an aHernate mortgage insurer selected by u'TIder. If substantially (.'quivalent Mortgage Insuranct! coverage is not available, Borrower shall contiIl.'Lle to pay to Lender the ali'lOl.mt of the separately designated payments dlat were due when the insuranl;e coverage ceased to be in effect. Lender will aCi;ept, use and re~ain these payments as a non-refundable loss reserve in lieu of Mongage IJl.~\Jran(:r;:, Such lOBS reserve shall be non-rerundilble, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any intr:lrest or eanlings on su.ch loss reserve. Lender can no longer require loss reserve payments if Mortgage InsuratJce Coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained. and Lender reqll.i~5 separately de$ignated payments tow::u-4 ~he premiums for Mortgage lus'urance, If Lender required Mongage Insluance as a condition or malting the Loan and Borrower was required to make st:para.tely designated paymel'lt$ toward the premiums for Mongage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, Or to provide a non-refundable 1055 reserve, until Lender's requirement for Mortgage Insurmce ends in accordance with any written agreeml;:nt between Borrower aml Lender provicting for such tennination or until termination is required by Applicable Law, Nothing in this Section 10 aHcc~s BOl'rower'~ obligation to pay interest at .the rate provided in the Note_ . . Mongage Insurance Ielmburses Lender (or any entity that purchases the Note) for certam lOSSes It may incur if Borrower does nOt repay the Loan as agreed. BOlTowel' is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insu.rance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce Josses. These agrtlements are on terms and con4hions that are satisfactory to the mortgage insurer and the other pm'ty (or parties) ~o thCStl agreements. These agre~ments may require !he mortgage insurer to make paym/:lnts usin~ any source of funds that the mortga~e insurer may have available (which DUlY include funds obtained from Mortgage Insurance pl'enllums). ~"6INEllOOO51 PaC$ 8 of 15 1roiti.I"f.AL-C 10 Form 3028 1/01